Symbol

Indicators

Definition

Dependent variables

x1

Are ST enterprises

Solvency capacity

x2

Current ratio

Current assets/current liabilities

x3

Quick ratio

(Current assets − inventories)/current liabilities

x4

Property rights ratio

Total liabilities/total owners’ equity

Profitability

x5

Gross assets net profit margin

Net profit/total asset balance

x6

Return on net assets

Net profit/shareholder equity balance

x7

Net profit/total profit ratio

Net profit/total profit

x8

Sales Cost Rate

Sales expenses/operating income

Operational capacity

x9

Turnover of accounts receivable

Closing balance of operating income/accounts receivable

x10

Inventory turnover

Operating costs/end of inventory balance

x11

Total assets turnover

Operating income/total assets closing balance

Capacity development

x12

Growth rate of total assets

(Total assets end of current period − total assets beginning of current period)/(total assets beginning of current period)

x13

Net profit growth rate

(Net profit current quarter amount − net profit last quarter amount)/(net profit last quarter amount)

x14

Net asset growth per share

(net assets per share end of current period − net assets per share beginning of current period)/ net assets per share beginning of current period

Cash flows

x15

Cash content of operating income

Cash/operating income received for sale of goods, provision of services

x16

Net operating income cash

(Net cash flow from operating activities)/(Gross operating income)

x17

Total cash recovery

(Net cash flow from operating activities)/(Total assets) closing balance